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Deal #1141

Location #1

Spatial accuracy level
Coordinates
Location
Nkoteng, Cameroon

Latitude
4.436566081273388
Longitude
12.063340044238316
Target country
Cameroon
Comment on location
Haute-Sanaga Region

Location #2

Spatial accuracy level
Administrative region
Location
M'Bandjock, Cameroon

Target country
Cameroon
Comment on location
Haute-Sanaga Region

Land area

Intended size (in ha)
25000
Size under contract (leased or purchased area, in ha)
6720
[2006] 18700
Comment on land area
One source states area under contract is 11980 hectares only.

Intention of investment

Intention of the investment
Food crops

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[2006] Concluded (Contract signed)
Comment on negotiation status
prolongable

Implementation status

Implementation status
[1965] In operation (production)
Comment on implementation status
Previously government owned, started in 1965

Leasing fees

Annual leasing fee
77354860
Annual leasing fee currency
CFA Franc BEAC
Annual leasing fee type
for specified area
Comment on leasing fees
77354860 FCFA/year for area of 11980ha: 40% to state, 40% to municipalities 20% to villages

Contract #1

Duration of the agreement (in years)
99

Operating company

Operating company
Comment on investment chain
Sosucam is the largest sugar company in Cameroon

 

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Data source #1

Data source type
Contract
File

Data source #2

Data source type
Company sources
File

Data source #3

Data source type
Company sources
File

Data source #4

Data source type
Research Paper / Policy Report
File
Date
2014-11-03
Comment on data source
Commercial Farms in Africa- received from Ward.

Promised benefits for local communities

Promised benefits for local communities
Health

Former land owner (not by constitution)

Former land owner
State

Former land use

Former land use
Commercial (large-scale) agriculture

Former land cover

Former land cover
Cropland

Detailed crop, animal and mineral information

Crops area
Sugar Cane

Use of produce

Has domestic use
Yes
Has export
Yes
Comment on use of produce
Extra refined sugar exported to Tchad

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
Sugar production

Water extraction envisaged

Water extraction envisaged
Yes

Overall comment

Overall comment
Previously state-owned operation

July 30, 2019, 10:51 a.m.

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Feb. 15, 2013, 5:01 p.m.

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